Greenlane Lost $54M Betting Its Entire Treasury on One Token
When your treasury strategy is "all in on one token," a 76% drawdown isn't a market correction — it's a stress test of your entire business model. Greenlane's BERA token holdings dropped from $70M to $16M in Q2, crystallizing a $19.1M noncash valuation loss as BERA fell 76% year to date
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